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Reference to Valuation Cell in those cases where the value of immovable property is Rs.50,000/- or more.

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Full Text of the Document

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....<br>Income Tax<br>INSTRUCTION NO. 217/CBDT Dated: September 17, 1970 Attention is invited to the instructions contained in the Board's letter of even number dated 21-11-1968 regarding the income....

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Full Text of the Document

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.... 2. The above instructions should be followed in addition to the existing instructions regarding reference to Valuation Cell where the suspected under-statement in the value of immovable property is ....

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